Home Buying Process
Not clear on the home buying process? Once you’ve been pre-approved and are ready to begin looking for a home, we will:
- Sit down with you to understand what your ‘dream house’ might look like.
- Search matching available properties and view them in person.
- Set up custom tailored, automatic notifications that send new listings to you the day they come on the market. This way, you’ll always be one step ahead of buyers that don’t have an agent.
- Help you identify the pros and cons of different styles of homes and neighborhoods, point out repairs and updates that may be needed, and serve as a valuable resource to you throughout your decision-making process.
- Sit down with you to write an offer using similar, recently sold properties to determine the right price to offer.
If your offer is accepted, we will guide you through the rest of the home-buying process.
My Offer Has Been Accepted. Now What?
So you found a home and your offer has been accepted – there are still many steps before closing and we’re here to walk you through them to make the rest of the process simple and enjoyable.
A home inspection is a limited, non-invasive examination of the condition of a home, often performed by certified inspectors, to make sure the property doesn’t have any hidden defects. We’ll suggest reputable, experienced inspectors, arrange for inspections, and attend the inspection with you to explain your options.
The inspection may turn up items that need to be repaired or inspected further by licensed contractors – we arrange for any necessary bids or inspections with licensed contractors in the time required by the purchase agreement.
Expensive repairs may be needed, and these will have to be negotiated with the seller through their listing agent – we handle these negotiations for you with your best interests in mind.
Once the inspection is complete and all repairs are negotiated between buyer and seller, we let your loan officer know that we’re ready for the appraisal to be ordered. We order the appraisal after the inspection because the buyer pays for the appraisal – if you cancel the purchase agreement because of negative items found in the inspection, the money spent on an appraisal is wasted.
An appraisal is a professional assessment of a properties fair market value. Banks usually require appraisals to confirm that a property is worth the sales price.
If there are any problems with this appraisal that results in your banks decision not to approve your loan, there are still other options for financing the purchase. We can guide you through these options and navigate solutions with the appraiser, listing agent, and loan officer.
Getting to Closing
The title insurance company also needs to be kept informed of ongoing paperwork. They are working behind the scenes to check property ownership history and make sure that the property is free of all encumbrances on closing day.
We get them everything they need in a timely manner so that closing and financing takes place in a timely manner.
On closing day, we’ll schedule a final walk-through, where we’ll walk through the home with you and make sure that it is in the same condition as when you made your offer. We’ll test all appliances, piping, heating systems and any other fixtures that are included in the transaction. Basically, we are checking for any new issues that need to be addressed before paperwork is signed and any problems become yours.
Moving In & Beyond
Whether it’s helping you coordinate your move, choosing paint colors or finding the best take-out restaurant in town, we’re here forever. We hope you’ll think of us as family – because that’s what our clients are to us!